30 Best Startup Accelerators & Incubators In Minneapolis, MN [2024]

Updated: January 20th, 2022

Are you looking for an accelerator program in Minneapolis, MN?

Did you know that according to business.org Minneapolis ranked as one of the third best cities for startups in the USA?

If you're starting a startup in Minneapolis, you might be wondering what startup accelerators or incubators exist in the area. Here's the full list:

Startup Accelerators & Business Incubators In Minneapolis

# Accelerator/Incubator Funding Location Apply
1 BETA Not Disclosed Minneapolis Apply
2 Retail Xcelerator Not Disclosed Minneapolis Apply
3 OnRamp Insurance $100K Minneapolis Apply
4 Invenshure Not Disclosed Minneapolis Apply
5 Gary S. Holmes Center for Entrepreneurship Not Disclosed Minneapolis Apply
6 Morris Center for Entrepreneurship Not Disclosed Minneapolis Apply
7 Spring Not Disclosed Minneapolis Apply
8 Gener8tor $140K Global: M... Apply
9 Target Accelerators Varies Minneapol... Apply
10 The Network Connect Not Disclosed Minneapolis Apply
11 Impact Hub MSP Not Disclosed Minneapolis Apply
12 Small Business Assistance Office Not Disclosed Minneapolis Apply
13 301 Inc. Not Disclosed Minneapolis Apply
14 Finnovation Lab $50K Minneapolis Apply
15 Impact SKU $20K Minneapolis Apply
16 Neon Food Not Disclosed Minneapolis Apply
17 Minnesota SBIR/STTR Accelerator Not Disclosed Minneapolis Apply
18 gBeta Medtech Not Disclosed Minneapolis Apply
19 TinySeed $120K Minneapolis Apply
20 Twin Ignition Startup Garage Not Disclosed Minneapolis Apply
21 WeWork Labs Korea Not Disclosed Incheon, ... Apply
22 Bunker Labs Not Disclosed Global Apply
23 Cleantech Open Midwest Not Disclosed Boston, M... Apply
24 Women Venture $50K Minneapolis Apply
25 Techstars $20K Global Apply
26 Enterprise Minnesota Not Disclosed Minneapolis Apply
27 MPLS Regional Chamber Not Disclosed Minneapolis Apply
28 Healthcare.mn Not Disclosed Minneapolis Apply
29 Youthprise Not Disclosed Minneapolis Apply
30 Forge North Not Disclosed Minneapolis Apply

30 Best Startup Accelerators & Incubators In Minneapolis, MN [2024]

1. BETA

  • Location: Minneapolis

  • Industry: Technology Industry

  • Investment Size: Not Disclosed

  • Program Length: 5 Month

BETA is an accelerator program that accelerates the success of early-stage technology founders. This program helps them grow in the industry by providing them incredible support, resources, and relationships. They host two different programs, Twin Cities Startup and Beta Cohort, for training entrepreneurs about various business aspects and helping them scale their businesses in the industry.

Apply to BETA, or learn more ➜

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2. Retail Xcelerator

  • Location: Minneapolis

  • Industry: Innovative Industry

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

Retail Xcelerator's program provides startups with a road to succeed in the industry. This program offers curated resources, coaching, and connections to innovators and helps them create value for their business. They assist startups in the niche of smart homes, food & beverage, energy efficiency, and the future of retail stores.

Apply to Retail Xcelerator, or learn more ➜

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3. OnRamp Insurance

  • Location: Minneapolis

  • Industry: Insurtech Industry

  • Investment Size: $100K

  • Program Length: 3 Months

OnRamp Insurance runs an accelerator program for helping insurance innovation ventures grow and scale in the industry. This 3-month program works in association with Allianz Life and Securian Financial. They provide participants with cash investment up to $100K, offline space, support from experts, industry connections, and mentorship & guidance essential to move forward in the industry.

Apply to OnRamp Insurance, or learn more ➜

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4. Invenshure

  • Location: Minneapolis

  • Industry: Medical Device Businesses

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

Invenshure is a leading incubator program that invests in ventures like medical devices, therapeutics, and emerging technologies. They help to build companies that may bring a positive change in society. This program accelerates the companies by providing them, business models, ideas, expertise, and innovative scientific technologies.

Apply to Invenshure, or learn more ➜

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5. Gary S. Holmes Center for Entrepreneurship

  • Location: Minneapolis

  • Industry: All Industries

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

Gary S. Holmes Center for Entrepreneurship is a program that inspires, educates, and connects with student entrepreneurs of the University of Minnesota. They provide them with support and facilities to pursue their entrepreneurial dreams and turn their business startup ideas into reality.

Apply to Gary S. Holmes Center for Entrepreneurship, or learn more ➜

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6. Morris Center for Entrepreneurship

  • Location: Minneapolis

  • Industry: All Industries

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

Morrison Center for Entrepreneurship hosts a program run by Opus College of Business at the University of St. Thomas. This program helps entrepreneurs to turn their business ideas into successful business ventures. They provide strength, resources, and support to students and help them survive in the industry.

Apply to Morris Center for Entrepreneurship, or learn more ➜

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7. Spring

  • Location: Minneapolis

  • Industry: Retail Industry

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

Spring is a strategic retail accelerator that helps entrepreneurs and founders successfully position their innovative products and services in the market. This program assists them to build, launch, and grow ventures by offering them various resources, go-to-market processes, retail strategy, consumer needs, brand strategy, and business insights.

Apply to Spring , or learn more ➜

8. Gener8tor

  • Location: Global: Milwaukee, Madison, Minneapolis

  • Industry: All Industries

  • Investment Size: $140K

  • Program Length: 12 Weeks

Gener8tor program provides a platform for startup founders, universities, corporations, etc., to connect and grow the economy of Wisconsin. They host various accelerator, pre-accelerator, and conference programs to help entrepreneurs grow and build successful business firms.

Apply to Gener8tor, or learn more ➜

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9. Target Accelerators

  • Location: Minneapolis, Bangalore

  • Industry: Retail Industry

  • Investment Size: Varies

  • Program Length: Varies

Target Accelerator offers programs to help retail entrepreneurs think differently and succeed in the industry. They provide entrepreneurs with 1:1 coaching, networking opportunities, business insights, infrastructure, and game-changing business ideas. They host two programs to assist retail founders, Forward Founder, an 8-week program for early-stage companies, and Take Off, a 5-week program for matured retail companies.

Apply to Target Accelerators, or learn more ➜

10. The Network Connect

  • Location: Minneapolis

  • Industry: All Industries

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

The Network Connection is an angel investor and incubator program that connects with startups and companies and provides them with resources and capital for the growth of their businesses. They have a team of experienced mentors and advisors who add fuel to the business and help them expand their connections and become successful.

Apply to The Network Connect, or learn more ➜

11. Impact Hub MSP

  • Location: Minneapolis

  • Industry: All Industries

  • Investment Size: Not Disclosed

  • Program Length: 10 Weeks

Impact Hub MSP organizes programs that help the community of entrepreneurs, founders, innovators, and creators to bring their entrepreneurial ideas into reality and make a positive change in society. They provide participants with working space, peer-to-peer learning, and connection-building opportunities to move forward in the industry.

Apply to Impact Hub MSP, or learn more ➜

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12. Small Business Assistance Office

  • Location: Minneapolis

  • Industry: All Industries

  • Investment Size: Not Disclosed

  • Program Length: 8-10 Weeks

Launch Minnesota runs a statewide program to accelerate the growth of creative startups and helps them get their technology startup off the ground. This program assists entrepreneurs in the growth of the economy by providing them with various grants and resources.

Apply to Small Business Assistance Office, or learn more ➜

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13. 301 Inc.

  • Location: Minneapolis

  • Industry: Food Business

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

301 Inc. is a brand elevator program that collaborates with emerging food brands and helps them build a successful and scalable business firm. They assist businesses in elevating their product and taking it to the next level by providing them skills, investment, technical tools, and breakthrough innovations.

Apply to 301 Inc., or learn more ➜

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14. Finnovation Lab

  • Location: Minneapolis

  • Industry: Sustainable Businesses

  • Investment Size: $50K

  • Program Length: 9 Months

Finnovation Lab hosts a 9-month fellowship program that assists entrepreneurs and founders in launching sustainable businesses in the industry. They provide participants with social entrepreneurial skills, educational programs, unique events, workspace, $50K as funds, structured curriculum, and access to mentors and industry experts. This program supports the growth of business and guides founders to make a social and environmental impact in society.

Apply to Finnovation Lab, or learn more ➜

15. Impact SKU

  • Location: Minneapolis

  • Industry: Consumer Product Industry

  • Investment Size: $20K

  • Program Length: 12 Weeks

Impact SKU is a consumer product accelerator program that accelerates new and innovative products in the industry. They support entrepreneurs and startups with long-term growth business plans, mentorship & guidance, and resources. This program helps entrepreneurs leave a social impact on society through their impact-driven business firms.

Apply to Impact SKU, or learn more ➜

16. Neon Food

  • Location: Minneapolis

  • Industry: Food Business

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

The NEON business incubator program helps food-based entrepreneurs to succeed in the industry. This specifically designed program provides entrepreneurs with guidance, counseling, training, expertise, networking, incubation, technical assistance, fully-equipped working space, knowledge about various aspects of the food business, and experience for running a successful food business.

Apply to Neon Food, or learn more ➜

17. Minnesota SBIR/STTR Accelerator

  • Location: Minneapolis

  • Industry: Technology Industry

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

Minnesota SBIR/STTR Accelerator is a program that helps small businesses and startups to transform their innovative ideas into reality. They provide participants with early-stage capital, resources, expert assistance, and technology commercialization to drive companies towards success. This program helps businesses in the niche of IT, manufacturing, health tech, life science, fintech, ag-tech, cleantech, and many more.

Apply to Minnesota SBIR/STTR Accelerator, or learn more ➜

18. gBeta Medtech

  • Location: Minneapolis

  • Industry: Medtech Industries

  • Investment Size: Not Disclosed

  • Program Length: 7 Weeks

gBeta Medtech is a 7-week accelerator program for healthcare and medical startups. This program provides participants with customized coaching, one-on-one meetings, business revenue models, networking opportunities, and various other resources to successfully position startup businesses in the industry.

Apply to gBeta Medtech, or learn more ➜

19. TinySeed

  • Location: Minneapolis

  • Industry: SaaS Industry

  • Investment Size: $120K

  • Program Length: 1 Year

The TinySeed Accelerator program is a year-long program for early-stage SaaS founders and startup firms. This program adds fuel to the company and helps entrepreneurs grow faster in the industry by providing them mentorship, an opportunity to network and connect with experts, and access to funding.

Apply to TinySeed, or learn more ➜

20. Twin Ignition Startup Garage

  • Location: Minneapolis

  • Industry: Technology Industry

  • Investment Size: Not Disclosed

  • Program Length: 1-3 Years

Twin Ignition Startup Garage hosts a program to supports and guides tech startups in Minneapolis and St. Paul. They provide entrepreneurs with services, advice, mentorship, resources, investment, networking, experience, and working space to establish them in the industry.

Apply to Twin Ignition Startup Garage, or learn more ➜

21. WeWork Labs Korea

  • Location: Incheon, Minneapolis
  • Industry: Innovative Industry
  • Investment Size: Not Disclosed
  • Program Length: Not Disclosed
  • Equity Taken: *Not disclosed *

We Work Labs offers a growth platform for early-stage startups and creative businesses.

The program provides entrepreneurs with access to mentorship, resources, working space, educational programs, networking opportunities, services, brainstorming sessions, and digital platforms to create an impact in the industry and accelerate the growth of businesses.

Apply to WeWork Labs Korea, or learn more ➜

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22. Bunker Labs

  • Location: Global

  • Industry: All Industries

  • Investment Size: Not Disclosed

  • Program: 6 Months

Bunker Labs' Veterans in Residence is an accelerator program that is owned and operated by military veterans. This non-profit program helps entrepreneurs and small business owners launch, grow, and scale their business firm once they return to civilian life. Through this program, service members are connected to the resources, practical tools, and investments necessary for the business' growth. The main motto of this program is to help the military community to fulfill their entrepreneurial dreams.

Apply to Bunker Labs, or learn more ➜

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23. Cleantech Open Midwest

  • Location: Boston, Minneapolis

  • Industry: Energy and Cleantech

  • Investment Size: Not Disclosed

  • Program: 12 Weeks

Cleantech Open is the world’s largest accelerator program in the niche of cleantech and energy. It provides all the necessary resources to the entrepreneurs and corporate investors that they need to launch and grow a successful cleantech business. Through their annual accelerator program, they provide mentoring and training to startups, arrange investor meetings, and help startups join the global innovation network.

Apply to Cleantech Open Midwest, or learn more ➜

24. Women Venture

  • Location: Minneapolis

  • Industry: Women-owned Business

  • Investment Size: $50K

  • Program Length: Varies

Women Venture offers programs that empower women entrepreneurs and help them successfully launch and scale their businesses in the industry. This program provides female founders with support, mentorship, network connections, and training sessions to achieve desired business goals.

Apply to Women Venture, or learn more ➜

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25. Techstars

  • Location: Global
  • Industry: All Industries
  • Investment Size: $20K
  • Program: 3 months
  • Equity Taken: Not Disclosed

Techstars runs a three-month accelerator program in which they provide mentorship and raise funding for the startups of any industry. At Techstars, they have a powerful team of mentors, corporate partners, and investors who will provide startups with workshops, innumerable experiences, curated resources, fundraising opportunities, and build a successful company.

Apply to Techstars, or learn more ➜

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26. Enterprise Minnesota

  • Location: Minneapolis

  • Industry: Manufacturing Industry

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

Enterprise Minnesota organizes programs that are designed to help manufacturing entrepreneurs and businesses. They provide them assistance in improving business productivity, earning profits, and increasing sales. They guide manufacturing businesses in various niches by providing them business advice, training, and sustainable business models.

Apply to Enterprise Minnesota, or learn more ➜

27. MPLS Regional Chamber

  • Location: Minneapolis

  • Industry: All Industries

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

MPLS Regional Chamber is a program with a mission to provide advocacy to entrepreneurs on topics like enhancing the economic growth of the industry, building partnerships, and creating a positive impact on society. They help businesses to flourish in the industry by offering them various growth opportunities.

Apply to MPLS Regional Chamber, or learn more ➜

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28. Healthcare.mn

  • Location: Minneapolis

  • Industry: Healthcare Industries

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

Healthcare.mn is a program that provides a platform for growth to innovative healthcare startups and businesses. This program encourages and supports healthcare startups and educates them on various business topics. They also fulfill their business needs by providing them with growth and connection-building opportunities with industry experts.

Apply to Healthcare.mn, or learn more ➜

29. Youthprise

  • Location: Minneapolis

  • Industry: Youth-owned Businesses

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

Youthprise's accelerator program is designed specifically for youth entrepreneurs. This program helps entrepreneurs spark innovation in their businesses by providing them with education about various business topics, resources, and infrastructure. They accelerate the organizational growth of business and guide startups to think out-of-the-box and focus on emerging societal issues.

Apply to Youthprise, or learn more ➜

30. Forge North

  • Location: Minneapolis

  • Industry: All Industries

  • Investment Size: Not Disclosed

  • Program Length: Not Disclosed

Forge North is a program that provides a platform for entrepreneurs and founders to start and scale business ventures in the industry. They connect startups to various business resources, experienced mentors, industry experts, and business goals.

Apply to Forge North, or learn more ➜

meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.